Vehicle Location Data

SIUs use vehicle location sightings to detect occupancy fraud. When a surprising number of people report an ambivalence toward insurance fraud, and even view it as a “harmless crime,” it’s easy to see why insurers across all industries continue to grapple with fraud. Take occupancy fraud for instance. You say you are purchasing a home […]

Did you know that the term “light-bulb moment” is listed in the Oxford Dictionary? The term is defined as: A moment of sudden realization, enlightenment, or inspiration. And just recently, while attending the Collections and Recovery Solutions conference, we visited with a lender that had one such moment. As we have talked with people at […]

Since joining DRN, I have reached out to the SIU community to learn how they use our SIU platform, Event Links, powered by DRN’s vehicle location data and analytics. And what I learned was eye opening. These highly skilled SIU investigators have that keen sense of the detective in them. It’s that super “sleuth” sense […]

The surprising truth about commercial auto fraud and how vehicle location data helps carriers capture premium leakage. Insurance agents and policyholders alike know the easiest route to lower premiums on commercial auto policies is through Zone, Radius, and Final Build. Think about it, using current systems and technology carriers are simply at a loss when […]

The Facts Don’t Lie Like most B2B businesses, DRN solves problems for our customers. And by solving these problems, we do more than just drive revenue and results, we create a bigger impact. That impact touches anyone that drives a car and has an insurance policy. Our data and analytics mitigate risk for auto lenders […]

How to use vehicle location data to pinpoint garaging fraud. So the address on insured’s policy is in one state but they actually live in another state that has higher rates. No big deal right? In fact, many would argue that garaging fraud is a “victimless crime.” But, carriers know nothing could be further from […]

How just a few minutes and vehicle location data from DRN added up to $24,000 saved for one insurance company. We all have them, those moments when the light bulb just goes off in your head and you see possibilities where before there were none. That’s just what happened for the SIU Manager at Electric […]

The rise in subprime delinquencies and charge-offs hits lenders’ bottom line but vehicle location data and analytics is putting lenders on the right track. Over the past year, we have been sounding the alarm with lenders – warning them that mounting delinquencies and charge-offs would impact revenues and ultimately devalue their portfolios. And, while default […]

Vehicle sightings put the brakes on pre-existing damage claims. At least 10% of property and casualty claims are fraudulent, and the public is paying for it to the tune of $30 billion per year. In 2015, Texas alone reported 13K fraud reports worth over $8 million dollars. Among the many types of fraud, claims for […]

How the “riskiest of the risky” auto loan portfolios become a lot more attractive with collectability insights powered by vehicle location data. I recently spoke on a technology and operations panel at the Debt Buyer’s Association annual conference in Las Vegas. The debt buyers in the audience shared two major insights – the first, their […]